in new york city main retail stores remained shuttered. while initial reporting regarding flooding on the floor of the new york stock exchange proved to be incorrect it and the nasdaq will remain shut for a second day. the last time this occurred was during the great blizzard of 1888. the very thin silver lining on all of this, oil prices have not spiked in the storm's wake as many feared, perhaps owing to the millions of people stuck in their homes without power. joining the panel, co-host of cnbc's "squawk box" andrew ross sorkin. >> thank you for having me. >> let's talk about the financial impact here. first off, the fact that the stock exchange and the nasdaq closed last time we saw this, 150, almost 150 years ago, you know, sort of the message that sends to the financial services industry and what is the impact of that. >> it raises some questions. one day missing, two days missing, maybe not the end of the world. tomorrow by the way they have to open. there's a huge issue, the last day of the month and many portfolio managers and in